Home, Investment, Car, Business – whatever the loan, we’ve got you. Our focus is on delivering personalised service that goes beyond simply securing a competitive rate.If you work in the healthcare industry, you may qualify for a special deal on your home loan. As professionals in this field are seen to have secure employment and a likely steady income, many lenders look at them favourably and may offer some attractive options.
LMI is often charged on loans with a deposit of under 20%. It is an insurance policy that protects the lender should the borrower default on the loan. This can cost the borrower tens of thousands of dollars.
Healthcare professionals can be considered low risk to lenders, which means they may accept lower deposit sizes such as 10% or 5%, without charging LMI. The decision to waive LMI is based on the lender’s determination that they reasonably believe you will be able to repay the loan.
Lenders will generally ask for you to submit two or three recent payslips and employment summary. If you work for yourself, you will need to provide your latest personal tax return, ATO notice of assessment and either a 12-month BAS or a second year’s tax return.
Your borrowing power is a critical number to know because it helps you understand how much you can spend on a property. Find out how much you can borrow now.
Use this repayment calculator to understand how much your loan repayments might be.
Call us: 1300 366 287
Email: hello@17thave.finance
Address: lvl 5 151 Pirie street, Adelaide SA 5000
Make it happen. Whether you’re buying your first home, upgrading to the next one, refinancing, or financing a car, we’re ready when you are. Share your goals with us & we’ll connect you with a broker who works for you.
